Credit and interest ratespositive · 5 filings
“The increase in interest expense in the second quarter and first six months of 2026 was primarily due to higher debt levels as a result of the Leonard Valve acquisition.”10-Q · Jul 30, 2026 ↗
A. O. Smith Corporation
AOS
Market read
A. O. Smith Corporation's move is spreading beyond its market group.
No new filing conclusion is available. 7 of 18 group members are active now; 1 filing-linked outsider is moving with the group, and 0 of 3 directly disclosed connections are confirming.
Company+0.5% todayVolume comparison unavailable
Market group7 of 18 activeHousing Construction · inactive
Disclosed network0 of 3 confirmingNo filing-linked name is confirming now
What would change this read
Watch this read- At least 12 of 18 durable members become active together.
- Capital-flow agreement rises above 55%.
- FBIN remains aligned with the group in the next market snapshot.
Invalidation: The live read weakens if participation falls to 6 of 18 members or fewer.
Research brief
The story so far
No new filing conclusion is available. 7 of 18 group members are active now; 1 filing-linked outsider is moving with the group, and 0 of 3 directly disclosed connections are confirming.
Evidence that supports
No thresholded supportive filing evidence is available yet.
Evidence that challenges
No thresholded adverse filing evidence is available yet.
What would clarify the read
- At least 12 of 18 durable members become active together.
- Capital-flow agreement rises above 55%.
- FBIN remains aligned with the group in the next market snapshot.
Company research
Understand the business, not just the ticker
Business model and earnings drivers
Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.
Key research questions
- Which operating variable is changing?
- Is that change durable, cyclical or one-off?
- What evidence would disprove the current interpretation?
Annual periods9
Price observations616
Usable filing statements137
Verified relationships3
Evidence supporting the case
- Operating cash flow covered net income at 1.13x in the latest annual period.
- Credit and interest rates has repeated favorable evidence across 5 filings.
Evidence challenging the case
- Demand and volume has repeated adverse evidence across 5 filings.
- Restructuring and cost reductions has repeated adverse evidence across 4 filings.
Questions before a position
No credible peer-relative valuation comparison is available yet.
Longer-term price context
Price as of Oct 1, 2026
56.656m-13.0%12m-22.8%24m-36.6%
Annual trajectory
Reported annual revenue and per-share history. This is accounting history, not a forecast.
PeriodRevenueYoYDiluted EPSShare change
2021-12-31$3.5B+22.2%$3.02-0.8%
2022-12-31$3.8B+6.1%$1.51-3.4%
2023-12-31$3.9B+2.6%$3.69-3.1%
2024-12-31$3.8B-0.9%$3.63-2.6%
2025-12-31$3.8B+0.3%$3.85-3.5%
What management says matters
Persistent and emerging business drivers
Demand and volumenegative · 5 filings
“The lower segment earnings and segment margin in the second quarter and first six months of 2026 compared to the prior periods were primarily driven by lower sales in China due to continued weak consumer demand, partially offset by tight spending controls in…”10-Q · Jul 30, 2026 ↗
Pricing and mixmixed · 5 filings
“Lower segment earnings and segment margin in the first six months of 2026 were primarily driven by the restructuring and impairment charges, increased material and input cost including steel and lower residential water heater volumes that more than offset the…”10-Q · Jul 30, 2026 ↗
Restructuring and cost reductionsmixed · 4 filings
“Lower segment earnings and margins in the second quarter 2026 were driven by the restructuring and impairment charges.”10-Q · Jul 30, 2026 ↗
Valuation discipline
Peer-relative valuation withheld
Jodie found no industry-matched filing peers suitable for a valuation comparison. It will not substitute broader financial-sector names.
Scenario scaffold
Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.
Price action
How the market is pricing the story
56.65+0.5% today
Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 1 Oct, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.
Developments
No sourced recent-development timeline yet
Jodie has not returned a relevant primary source or news item for AOS. This is an evidence-coverage gap, not a conclusion that nothing material happened.
Business and financial condition
Reported financial figures are not available yet
Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.
Filing analysis
No comparable filing assessment is available yet
Jodie has not yet found a suitable current-versus-prior filing comparison for AOS. This does not mean the latest filing was neutral or immaterial.
Business ecosystem
The relationships behind AOS
Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.
Depends on
FELEFranklin Electric Co., Inc.competitorFeb 10, 2026 ▾
“Our principal water treatment competitors in the U.S.”
PNRPentair plccompetitorFeb 10, 2026 ▾
“Our principal water treatment competitors in the U.S.”
ULUnilever PLCinvesteeFeb 10, 2026 ▾
“On November 1, 2024, we acquired Pureit from Unilever for approximately $125 million, subject to customary adjustments.”
Filing peers
No filing peers are available for this name yet.
Open the three relationships above to see Jodie’s filing proof. Pro unlocks every receipt, and alerts when connected names begin moving. Unlock the full network →
What is moving around it
Live connections
AOS is currently a Early Follower in the organic co-movement group Housing Construction. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 3 filing-linked names are in the relationship map; none is currently confirmed as moving with the group.
Context history
Theme membership history
No durable theme membership has been observed for this name yet.